March 30, 2006

OCEANLAKE TO LAUNCH MOBILE GATEWAY WITH TELKOMSEL INDONESIA

12:48 EST Thursday, March 30, 2006

FSC / Press Release

OCEANLAKE TO LAUNCH MOBILE GATEWAY WITH TELKOMSEL INDONESIA

Singapore, Toronto, Ontario CANADA, March 30, 2006 /FSC/ - Oceanlake Commerce Inc. (OLI - TSX Venture), is pleased to announce that PT Telkomunikasi Selular (Telkomsel) will offer OceanLake's Mobile Gateway service for all subscribers in Indonesia through Telkomsel's mobile portal.

Mobile Gateway allows Telkomsel subscribers the ability to access the content of the entire Internet from their mobile device, no longer limiting them to sites specifically designed for mobile devices, or WAP sites. Subscribers will have the ability to also bookmark their favorite sites, select from a list of most viewed sites and decide whether to view images.

Mobile Gateway acts a proxy to the entire Internet, eliminating the technical issues associated with delivering wired web sites to mobile devices. The subscriber now has the ability to access the specific content they want. The Mobile Gateway service will be displayed prominently on the Telkomsel mobile portal.

Mobile Gateway is based on OceanLake's mScope product, allowing Mobile Gateway to be used with virtually any type of mobile phone or PDA with a browser. OceanLake's mScope product instantly reformats web content for virtually every type of mobile device with a browser. Currently, mScope supports over 7000 different types of devices.

"We are thrilled to add the largest mobile operator in Indonesia as our fourth operator customer in Asia." said William Car, Managing Director of OceanLake Asia. "And we are pleased to be associated with a visionary company such as Telkomsel and see the ongoing business relationship as a value added benefit to both parties."

About PT Telkomunikasi Selular
Telkomsel is the leading operator of cellular telecommunications services in Indonesia by market share.

By the end of September 2005, Telkomsel had approximately 23.5 million customers which, based on industry statistics, represented a market share of around 54%. Telkomsel provides GSM cellular services in Indonesia, through its own nationwide Dual band 900/1800 MHz GSM network, and internationally, through 238 international roaming partner in 147 countries (end of June 2005). The company provides its subscribers with the choice between two prepaid cards-simPATI and Kartu As of a pre-paid simPATI service, or the post-paid kartuHALO service, as well as a variety of value-added services and programs.

Telkomsel's operations in Indonesia have grown substantially since the commercial launch of its post-paid services on May 26, 1995.

For more information about Telkomsel, please visit www.telkomsel.com

For more information about OceanLake, please go to www.oceanlake.com

Contact:
William Car
CEO, OceanLake Commerce Inc.
wcar@oceanlake.com
1-416-568-5267

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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